Mortgage Amortization Calculator

This calculator shows how much of your monthly mortgage payment goes toward paying principal and how much goes to pay interest over the course of your mortgage.

We've talked about prepaying your mortgage at Get Rich Slowly (see "Should You Prepay Your Mortgage?", "Mortgage Prepayment Made Easy: Own Your Home in Half the Time", and "Ask the Readers: Should I Invest or Prepay My Mortgage?" for example). Find out how much you can save by prepaying some of the principal using this calculator.

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This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). These offers do not represent all deposit accounts available.
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Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are
from banks, credit unions and thrifts, some of which have paid for a link to
their website. Bank, thrift and credit union deposits are insured by the FDIC
or NCUA. Contact the bank for the terms and conditions that may apply to you.
Rates are subject to change without notice and may not be the same at all
branches.

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